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Category Archives: bribes
Russia’s New Old Anticorruption Campaign – “We’re serious this time!”
There’s an article on Bloomberg that caught my eye (h/t @agoodtreaty). The article claims that Pres. Putin approved the launch of a ‘new’ anticorruption campaign following a meeting at the Presidential residence in October. According to the article, this was ‘shocking’ … Continue reading
Posted in bribes, bureaucracy, clans, corruption, criminal law
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Should You Hire a Corrupt Manager in Russia?
That’s the provocative question raised by Prof. Maxim Mironov of IE Business School in a new paper, which I came across via this post at the Wall Street Journal. In short, Mironov concludes that yes, on occasion, it is worthwhile … Continue reading
Posted in bribery, bribes, bureaucracy, Business, compliance, corruption, officials, rule of law, russia
1 Comment
War on Corruption – What to Make of the Latest Scandals?
Update: for the Russian speakers, today Kommersant put up an excellent resource on its website, with an infographic on the latest scandals and corruption generally, and links to articles on everything I cover below. Of particular interest – the total financial losses collectively inflicted … Continue reading
Posted in bribery, bribes, bureaucracy, clans, corruption, criminal law, Dmitry Medvedev, mvd, Putin, Rostekhnologii, russia, siloviki, Vladimir Putin, war on corruption
1 Comment
IKEA in Russia – Light at the End of the Tunnel?
It has been six months since I last wrote on IKEA, and I thought it was time to check in on TRM’s favorite foreign investor in Russia. In December, it appeared that IKEA’s problems were only getting worse. The whole story … Continue reading
Truth or Consequences – IKEA as a Case Study of Russia’s Miserable Investment Climate
Earlier this year I wrote about IKEA’s corruption problems in Russia. Two senior managers were fired after Swedish media reported that the managers had approved a bribe payment by their general contractor in order to obtain electricity service for a … Continue reading